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Major crypto exchange Binance has published its 34th Proof-of-Reserves Snapshot. These include major cryptocurrencies Bitcoin ($BTC), Ethereum ($ETH), $XRP, Solana ($SOL) and $BNB, as well as stablecoins Tether ($USDT), First Digital USD (FDUSD) and USDC.
As of Sept. 1, Binance reports 608,017 $BTC held for users, representing 2.85% growth, or 16,858 $BTC added from August.
Binance Publishes 34th Proof-of-Reserves Snapshot. As of Sept 1, Binance reports 608,017 $BTC held for users (+2.85%, +16,853 $BTC), 4.34 million $ETH (−4.70%, −214,079 $ETH), and 31.25 billion $USDT (+4.69%, +1.4B $USDT) compared to the Aug 1. pic.twitter.com/d0WjSIuLO2
— Wu Blockchain (@WuBlockchain) September 8, 2025
Binance reports its Bitcoin net balances to be 629,273 $BTC, broken down into an exchange balance of 600,060 $BTC and third-party custody of 29,213 $BTC.
For Ethereum, Binance disclosed 4,340,935 $ETH held on behalf of users, a drop of 4.7%, or 214,079 $ETH, from August, as reported by Wu Blockchain.
The crypto exchange revealed its Ethereum net balances to 4,341,048 $ETH, given as an exchange balance of 4,003,076 $ETH and third-party custody of 337,971 $ETH.
$XRP, $SOL, $BNB, $USDT reserves disclosed
Binance reports 2,708,196,286 $XRP held for users with a total net balance of 2,788,066,030 $XRP, which consists of an exchange balance of 2,679,656,480 $XRP and third-party custody of 108,409,550 $XRP.
A total of 23,792,991 $SOL is held on behalf of $BNB customers, with net balances totaling 23,793,005 $SOL. This consists of an exchange balance of 22,613,923 $SOL and third-party custody of 1,179,082 $ETH.
A total of 39,305,748 $BNB is held on behalf of Binance users, with net balances totaling 44,227,046 $BNB. This is broken down into an exchange balance of 43,819,393 $BNB and third-party custody of 407,652 $BNB.
Binance holds 31,255,725,065 $USDT on behalf of users, representing a 4.69% increase, or 1.4 billion $USDT added from Aug. 1.